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  #81  
Old 04-07-2014, 12:14 AM
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So Canadian CAS employers will accept exam exemptions but won't even consider someone who takes all the exams in the SOA-GI tract.



That is completely logical...
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  #82  
Old 04-07-2014, 12:30 AM
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What's so difficult to understand? Canadian employers apparently have confidence in Canadian universities to teach students the material on the preliminary exams. They apparently do NOT have confidence in the SOA to teach students the material on the Fellowship casualty exams. There, does that help?

By the way, it doesn't matter all that much what Canadian employers want because the market for actuaries in Canada is too small. Why does Canada export actuaries all over the world? Because there aren't enough jobs for them in Canada.

Bruce
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Old 04-07-2014, 12:36 AM
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What's so difficult to understand? Canadian employers apparently have confidence in Canadian universities to teach students the material on the preliminary exams. They apparently do NOT have confidence in the SOA to teach students the material on the Fellowship casualty exams. There, does that help?

By the way, it doesn't matter all that much what Canadian employers want because the market for actuaries in Canada is too small. Why does Canada export actuaries all over the world? Because there aren't enough jobs for them in Canada.

Bruce
They have confidence that the Canadian Universities can teach the material but apparently don't have confidence that knowledge can be validated by passing standardized exams.
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  #84  
Old 04-07-2014, 01:00 AM
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Again, who really cares what Canadian employers think? They can believe in little green men, for all I care.

Bruce
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Old 04-07-2014, 06:47 AM
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You are right, the Canadian employers that I have spoken to regarding college credits told me that they don't mind hiring students with UAP credits. This was also confirmed by a CIA member giving an important speech during the ASNA Convention in Toronto. I know of one person with UAP credit who is interning at a large consulting firm at the moment; she passed P, has UAP credit for FM and MLC, and plans on getting accredited for MFE and C before graduation; her internship salary is base salary + exam raise for P, FM, MLC.
See, I thought Canadian employers were fine with it.

Part of the reason it didn't go through in the SOA was because some fairly big U.S. employers said no. Hard to get around that, if part of the point of the credential is to be acceptable to actuarial employers.

If the employers aren't fine with it, it's useless.
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Old 04-07-2014, 06:48 AM
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Again, who really cares what Canadian employers think? They can believe in little green men, for all I care.

Bruce
I think the CIA cares. As it should.
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Old 04-07-2014, 06:50 AM
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See, I thought Canadian employers were fine with it.

Part of the reason it didn't go through in the SOA was because some fairly big U.S. employers said no. Hard to get around that, if part of the point of the credential is to be acceptable to actuarial employers.

If the employers aren't fine with it, it's useless.
Oh, and this obviously connects to FSA-GI.

Some employers may be open to it -- eventually. It is way too new to say at this point. It may or may not fail.
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Old 04-07-2014, 08:30 AM
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So Canadian CAS employers will accept exam exemptions but won't even consider someone who takes all the exams in the SOA-GI tract.



That is completely logical...
Where did you read that? If CIA recognizes SOA-GI, then Canadian employers will recognize that.
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Old 04-07-2014, 08:34 AM
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Again, who really cares what Canadian employers think? They can believe in little green men, for all I care.

Bruce
Did you think the same when you gave a presentation at ASNA/ABEA meeting?
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  #90  
Old 04-07-2014, 09:12 AM
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You are missing my point, as you usually do. If Canadian employers -- and let's not forget that this is not a monolithic group -- decide that the FSA-GI is somehow equivalent to the FCAS, that doesn't make it true. People believe all kinds of nonsense. Along the same lines, Canadian employers appear to have accepted the proposition that universities can both educate and validate that education (which used to be the function of actuarial organizations), without any conflict of interest. I think that's crazy, but so what? If it works for them, then so be it.

Bruce
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